How much is a home worth in ZIP code 68803?

The typical home in 68803 is worth $285,010, based on the Zillow Home Value Index.

Are home values rising in 68803?

Home values in 68803 are up 1.9% over the past year, and up 6.1% a year over five years.

What is the typical rent in 68803?

A typical home in 68803 rents for about $1,259 a month, a gross rental yield of 5.3%.

What is the property tax rate in 68803?

The effective property tax rate in 68803 is 1.3% — roughly $3,842 a year on a typical home.

ZIP code 68803 has a population of 25,534 and a median household income of $73,463.

HousingHandbookReference data

…

U.S. ZIP Code · NE68803

Hall County · Grand Island, NE

Typical home value

$285,010^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +1.9%
5-year / yr: +6.1%
10-year / yr: +5.8%

Relative price

vs U.S.: ≈ U.S. median
vs metro: +2.7%
vs state: +23.5%

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 68803 is worth $285,010 — 2.7% above the Grand Island, NE median. Over the past year, values have risen 1.9%. Homes here rent for a typical $1,259 a month — a 5.3% gross rental yield. The effective property tax rate is 1.3%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent: $1,259^[2]
Gross yield: 5.3%^[2]
Cap rate: 3.2%^[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate: 1.3%^[3]
Typical annual tax: $3,842^[3]

#Climate risk

FEMA National Risk Index ratings for Hall County. "Not Applicable" means the hazard does not threaten the county.

Overall risk: Relatively Low^[4]
Riverine flood: Relatively Low
Coastal flood: Not Applicable
Wildfire: Very Low
Drought: Relatively High
Heat wave: Very Low
Hurricane: Not Applicable
Tornado: Relatively Moderate
Earthquake: Very Low
Winter weather: Relatively High

#Who lives here

Population: 25,534^[3]
Median household income: $73,463^[3]

#Migration

Household moves in and out of Hall County over a year, from IRS tax-return data.

Net migration: -248^[5]
Moved in: 1,371
Moved out: 1,619

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools: 14
Elementary: 7
Middle: 2
High: 4

GRAND ISLAND SENIOR HIGH SCHOOL
High · Grades 9–12 · GRAND ISLAND PUBLIC SCHOOLS
2,670 students
WALNUT MIDDLE SCHOOL
Middle · Grades 6–8 · GRAND ISLAND PUBLIC SCHOOLS
789 students
NORTHWEST HIGH SCHOOL
High · Grades 9–12 · NORTHWEST PUBLIC SCHOOLS
653 students
WESTRIDGE MIDDLE SCHOOL
Middle · Grades 6–8 · GRAND ISLAND PUBLIC SCHOOLS
624 students
ENGLEMAN ELEMENTARY SCHOOL
Elementary · Grades PK–5 · GRAND ISLAND PUBLIC SCHOOLS
481 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Home value$Monthly rent$

Gross yield5.3%

Net yield (after ~40% expenses)3.2%

Annual rent$15,109

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Home price$Down payment%Interest rate%Loan termyears

Monthly payment$1,441

Loan principal$228,008

Down payment$57,002

Total interest paid$290,811

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Home price$Monthly rent$Down payment%Mortgage rate%Property tax rate% / yrMaintenance% / yrRule of thumb: 1% of home value per year.

Own : rent ratio1.59

Monthly cost to own$1,999

Monthly rent$1,259

Renting is meaningfully cheaper month-to-month.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation: 50th percentile^[1]
Rental yield: 0th percentile^[2]
Property tax: 94th percentile^[3]

Frequently asked

How much is a home worth in ZIP code 68803?: The typical home in 68803 is worth $285,010, based on the Zillow Home Value Index.
Are home values rising in 68803?: Home values in 68803 are up 1.9% over the past year, and up 6.1% a year over five years.
What is the typical rent in 68803?: A typical home in 68803 rents for about $1,259 a month, a gross rental yield of 5.3%.
What is the property tax rate in 68803?: The effective property tax rate in 68803 is 1.3% — roughly $3,842 a year on a typical home.
Who lives in 68803?: ZIP code 68803 has a population of 25,534 and a median household income of $73,463.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

68824 vs 68803 →
Cairo, NE
Typical home
$288,463
Gross yield
—
68864 vs 68803 →
Palmer, NE
Typical home
$279,179
Gross yield
—
68820
Howard City (Boelus), NE
Typical home
$277,480
Gross yield
—
68831
Dannebrog, NE
Typical home
$299,401
Gross yield
—
68628
Clarks, NE
Typical home
$300,862
Gross yield
—
68883
Wood River, NE
Typical home
$259,937
Gross yield
—

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#Jump to section

U.S. ZIP Code · NE68803

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